Sr Regulatory Analyst - Insurance Regulatory Compliance Team
SUMMARY The Senior Regulatory Analyst for our Insurance Regulatory Compliance team will be responsible for regulatory compliance activities for GSFSGroup's nationwide products and services especially those affecting the company's property and casualty insurance company.
The Senior Regulatory Analyst will (1) analyze proposed and enacted insurance, service contract, GAP and voluntary protection product legislation and regulatory materials and communicate with interested parties on the same; (2) coordinate insurance regulatory filings for GSFSGroup; (3) interface with insurance and voluntary protection product governmental officials on regulatory compliance matters concerning such things as insurance holding company filings, insurance data requests, periodic filings and regulatory inquiries; (4) assist with voluntary protection product initiatives and product development activities; (5) collaborate and support management and associates; (6) conduct research and communicate results; and (7) prepare necessary documents.
RESPONSIBILITIES Analyze and interpret proposed and enacted state legislation, regulations, and administrative and identified public policy issues to determine impact on products, states, and GSFSGroup businesses.
Propose and advocate necessary courses of action.
Draft concise summaries of the proposals to obtain the maximum desired result from the intended audience.
Provide ongoing updates to interested parties.
Effectively communicate with impacted GSFSGroup departments regarding proposed and enacted legislation, regulations, and administrative actions and identified public policy issues.
Communicate the company's position on legislative and regulatory matters through accurate and persuasive emails, position papers, comment letters, and other written product.
Identify the need for and coordinate the preparation of regulatory filings for products in collaboration with the regulatory compliance or program design team, including applications for certificates of authority, product provider registrations, insurance policy and customer contract filings and cancellations or renewals of the same.
Interface with and maintain relationships with government officials concerning applicable compliance filings and to resolve outstanding issues.
Research, prepare and make other compliance filings in collaboration with the Senior Managers or Directors in the Legal Department.
Assist with ongoing review, development, and implementation of compliance processes and procedures including the implementation of technology.
Identify enhancements and improvements to the regulatory compliance processes.
Coordinate with internal stakeholders on regulatory compliance activities.
Conduct research using all available resources to carry out regulatory and compliance responsibilities or as requested.
Assist with product development initiatives as assigned and effectively collaborate with other GSFSGroup associates to achieve product initiatives and goals.
Assist with maintaining and safeguarding compliance and regulatory files.
Participate in special projects and perform other duties and tasks as assigned.
SUPERVISORY RESPONSIBILITIES This position has no supervisory responsibilities QUALIFICATIONS Bachelor's degree from a four-year college or university and 5-8 years related experience; or equivalent combination of education and experience.
(Note:
The college requirement may be waived in special circumstances.
) Minimum of 5 years related compliance or regulatory experience and/or training in the insurance or automobile services industries.
Experience with property casualty insurance regulatory filings; as legislative or regulatory staff; with automotive finance and insurance companies; and/or related paralegal experience in the insurance or auto industries preferred.
CRITICAL COMPETENCIES The requirements listed below are representative of the knowledge, skill, and/or ability required.
Attention to detail and strong analytical ability.
Excellent oral and written communication abilities, interpersonal and public speaking skills to effectively communicate and work with management and state regulators.
Interpersonal skills that develop high levels of trust, confidence, and business partnering with management and associates.
Ability to develop strong working relationships with both internal and external personnel.
Ability to effectively and accurately coordinate regulatory filings and compliance activities on a timely and responsive basis.
Excellent time management skills and the ability to effectively prioritize multiple projects to accomplish assigned duties under deadline pressure with little direction.
Ability to display both individual initiative and the ability to work in a collaborative team environment.
Proficient research skills.
Ability to create and present effective arguments to support GSFSGroup's position on legislative and regulatory issues.
Ability to handle increasing responsibility and complex assignments.
Proficient computer skills including the use of computerized legal research tools and other software programs to complete projects.
Adaptability and flexibility.
Able to support and handle change.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
CERTIFICATES, LICENSES, AND REGISTRATIONS None required.
PHYSICAL REQUIREMENTS The physical requirements described here are representative of those that must be met by an associate to successfully perform the essential functions of the job.
While performing the duties of the job, the associate is required on a daily basis to analyze and interpret data, communicate, and remain in a stationary position for a significant amount of the work day; and frequently access, input, and retrieve information from the computer and other office productivity devices.
The associate is regularly required to move about the office and around the corporate campus.
The associate is occasionally required to travel to other sites, including out-of-state, where applicable, for business.
The associate must frequently move up to 10 pounds and occasionally move up to 25 pounds.
WORK ENVIRONMENT The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job.
While the job is generally performed in an office environment, the associate is occasionally exposed to wet and/or humid conditions, areas in which moving mechanical parts, fumes, toxic or caustic chemicals are present, and outside weather conditions.
The noise level in the office environment is typically quiet, but the associate may be occasionally exposed to loud noise levels.
TRAVEL REQUIRED Minimal travel is required for this position (up to 20% of the time and on a domestic basis) Legally authorized to work in the United States, without sponsorship.
The Friedkin Group and its affiliates are equal opportunity employers and maintain drug-free workplaces by conducting pre-employment drug testing.
#LI-AG1 Equal Opportunity Employer Minorities/Women/Protected Veterans/DisabledSalary:
$10.
04 - $16.
95.
Estimated Salary: $20 to $28 per hour based on qualifications.
The Senior Regulatory Analyst will (1) analyze proposed and enacted insurance, service contract, GAP and voluntary protection product legislation and regulatory materials and communicate with interested parties on the same; (2) coordinate insurance regulatory filings for GSFSGroup; (3) interface with insurance and voluntary protection product governmental officials on regulatory compliance matters concerning such things as insurance holding company filings, insurance data requests, periodic filings and regulatory inquiries; (4) assist with voluntary protection product initiatives and product development activities; (5) collaborate and support management and associates; (6) conduct research and communicate results; and (7) prepare necessary documents.
RESPONSIBILITIES Analyze and interpret proposed and enacted state legislation, regulations, and administrative and identified public policy issues to determine impact on products, states, and GSFSGroup businesses.
Propose and advocate necessary courses of action.
Draft concise summaries of the proposals to obtain the maximum desired result from the intended audience.
Provide ongoing updates to interested parties.
Effectively communicate with impacted GSFSGroup departments regarding proposed and enacted legislation, regulations, and administrative actions and identified public policy issues.
Communicate the company's position on legislative and regulatory matters through accurate and persuasive emails, position papers, comment letters, and other written product.
Identify the need for and coordinate the preparation of regulatory filings for products in collaboration with the regulatory compliance or program design team, including applications for certificates of authority, product provider registrations, insurance policy and customer contract filings and cancellations or renewals of the same.
Interface with and maintain relationships with government officials concerning applicable compliance filings and to resolve outstanding issues.
Research, prepare and make other compliance filings in collaboration with the Senior Managers or Directors in the Legal Department.
Assist with ongoing review, development, and implementation of compliance processes and procedures including the implementation of technology.
Identify enhancements and improvements to the regulatory compliance processes.
Coordinate with internal stakeholders on regulatory compliance activities.
Conduct research using all available resources to carry out regulatory and compliance responsibilities or as requested.
Assist with product development initiatives as assigned and effectively collaborate with other GSFSGroup associates to achieve product initiatives and goals.
Assist with maintaining and safeguarding compliance and regulatory files.
Participate in special projects and perform other duties and tasks as assigned.
SUPERVISORY RESPONSIBILITIES This position has no supervisory responsibilities QUALIFICATIONS Bachelor's degree from a four-year college or university and 5-8 years related experience; or equivalent combination of education and experience.
(Note:
The college requirement may be waived in special circumstances.
) Minimum of 5 years related compliance or regulatory experience and/or training in the insurance or automobile services industries.
Experience with property casualty insurance regulatory filings; as legislative or regulatory staff; with automotive finance and insurance companies; and/or related paralegal experience in the insurance or auto industries preferred.
CRITICAL COMPETENCIES The requirements listed below are representative of the knowledge, skill, and/or ability required.
Attention to detail and strong analytical ability.
Excellent oral and written communication abilities, interpersonal and public speaking skills to effectively communicate and work with management and state regulators.
Interpersonal skills that develop high levels of trust, confidence, and business partnering with management and associates.
Ability to develop strong working relationships with both internal and external personnel.
Ability to effectively and accurately coordinate regulatory filings and compliance activities on a timely and responsive basis.
Excellent time management skills and the ability to effectively prioritize multiple projects to accomplish assigned duties under deadline pressure with little direction.
Ability to display both individual initiative and the ability to work in a collaborative team environment.
Proficient research skills.
Ability to create and present effective arguments to support GSFSGroup's position on legislative and regulatory issues.
Ability to handle increasing responsibility and complex assignments.
Proficient computer skills including the use of computerized legal research tools and other software programs to complete projects.
Adaptability and flexibility.
Able to support and handle change.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
CERTIFICATES, LICENSES, AND REGISTRATIONS None required.
PHYSICAL REQUIREMENTS The physical requirements described here are representative of those that must be met by an associate to successfully perform the essential functions of the job.
While performing the duties of the job, the associate is required on a daily basis to analyze and interpret data, communicate, and remain in a stationary position for a significant amount of the work day; and frequently access, input, and retrieve information from the computer and other office productivity devices.
The associate is regularly required to move about the office and around the corporate campus.
The associate is occasionally required to travel to other sites, including out-of-state, where applicable, for business.
The associate must frequently move up to 10 pounds and occasionally move up to 25 pounds.
WORK ENVIRONMENT The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job.
While the job is generally performed in an office environment, the associate is occasionally exposed to wet and/or humid conditions, areas in which moving mechanical parts, fumes, toxic or caustic chemicals are present, and outside weather conditions.
The noise level in the office environment is typically quiet, but the associate may be occasionally exposed to loud noise levels.
TRAVEL REQUIRED Minimal travel is required for this position (up to 20% of the time and on a domestic basis) Legally authorized to work in the United States, without sponsorship.
The Friedkin Group and its affiliates are equal opportunity employers and maintain drug-free workplaces by conducting pre-employment drug testing.
#LI-AG1 Equal Opportunity Employer Minorities/Women/Protected Veterans/DisabledSalary:
$10.
04 - $16.
95.
Estimated Salary: $20 to $28 per hour based on qualifications.
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